How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
W S

Items Tagged with 'GDP'

ARTICLES

Freddie Mac: Mortgage rates produce mixed results

Buoyed by positive GDP report
Brena Swanson
Mortgage rates got caught up in the mix of housing reports and a positive GDP report, resulting in rates moving slightly down for the week.
Read More

More signs of a sliding housing market

Affordability has issues, too
Lynn Effinger
Affordability issues; looming interest rate hikes as have been predicted by Federal Reserve Chairman Janet Yellen; too many FHA loans being made (this is the “new” sub-prime market); federal emphasis being placed on low-income borrowers, and other factors are causing house prices to decline once again in many markets.
Read More

BEA final 2Q GDP estimate prints at unbelievable 4.6%

Third revision even higher than second
Trey Garrison
The second quarter gross domestic product grew at an annualized rate of 4.6%, according to the third and final estimate from the government Bureau of Economic Analysis.
Read More

Watch a HousingWire writer do the ALS challenge with tomato soup

All because today's upward 2Q GDP revision was "unexpected"
Trey Garrison
It was an morning of unexpected surprises -- an upwardly revised GDP, and a Campbell's tomato soup shower.
Read More

Want a preview of where the 2Q GDP revision is heading?

The CBO has a clue for one and all
Trey Garrison
Well, today the Congressional Budget Office released its revised estimate of the total 2014 GDP. Take a good guess what it bodes for Thursday's Bureau of Economic Analysis GDP revision.
Read More

Here's evidence showing the housing “recovery” isn’t real

What is real and what is Memorex?
Lynn Effinger
Many reports do not take into full consideration the differences in market conditions from one part of the country to another. The inexplicable rise in house prices in the West, for example, is not replicated in other parts of the nation.
Read More

Only “Number Jesters” report 2Q economic growth at 4% pace

Economic revisions infuriate
Lynn Effinger
If an economist or economists continue to miss the mark by under-forecasting economic growth and then back-pedal by saying the revised numbers were “unexpected,” they should disqualify themselves from being called economists.
Read More

BEA: Initial 2Q GDP grows at 4% pace driven by consumer spending

Advance, incomplete estimate subject to two more revisions
Trey Garrison
Real gross domestic product increased at an annual rate of 4% in the second quarter of 2014, according to the "advance" and incomplete estimate released by the Bureau of Economic Analysis Wednesday.
Read More

Here’s why the week ahead will make or break housing and the economy

FOMC, initial 2Q GDP and jobs report will put the stamp on 2014
Trey Garrison
The best directions in the world won't help you get somewhere if you don't know where you are standing. We could do without the media spin on the economy and housing.
Read More

Growth in rest of 2014 won't make up for record slump in 1Q

Fannie: Expect 1.5% GDP after slowest 1Q since recession
Trey Garrison
Economic growth during the second half of 2014 likely won’t be strong enough to offset the weak activity from the first two quarters of the year, according to Fannie Mae’s Economic & Strategic Research Group.
Read More